salaryRent is higher than in 56% of U.S. cities. A typical house costs about 7.1 years of household income, so buying is hard for most locals. It is a highly educated city: 57.8% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $70,920 a year. That is $34 an hour at a full-time job.
Is rent cheaper than other Oregon cities?
Yes. Rent here is cheaper than in most of Oregon. It is number 47 of 105 cities from cheapest to most expensive.
How much do households earn in Raleigh Hills?
Share of households by yearly income. 50.6% of households earn $100,000 or more.
Rent by apartment size in Raleigh Hills
| Size | Raleigh Hills | U.S. average |
|---|---|---|
| 1 bedroom | $1,532 | $1,324 |
| 2 bedrooms | $1,883 | $1,509 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Raleigh Hills overall?
Everyday prices in Oregon overall are 3% above the U.S. average (index 103.4, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Raleigh Hills, so the Oregon figure is shown.
Taxes and bills in Raleigh Hills
Life in Raleigh Hills
Is it cheaper to rent or buy in Raleigh Hills?
Renting is cheaper right now: about $4,567 a month less.
Owning assumes a typical $913,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $91,370 for the down payment.
Frequently asked questions
What is the average rent in Raleigh Hills, OR?
Renting in Raleigh Hills costs a median of about $1,773 a month in 2026, including utilities. The Oregon median is $1,811.
How much do I need to make to live in Raleigh Hills?
To keep rent under 30% of income, you need about $70,920 a year, or $34 an hour at a full-time job.
Is Raleigh Hills cheap or expensive?
Raleigh Hills is rated Cheap: rent takes 16.4% of the typical household income of $129,420. It ranks 47th cheapest of 105 Oregon cities we track.
How much are property taxes in Raleigh Hills?
The median homeowner in Raleigh Hills pays $8,433 a year in property taxes, about 0.92% of the median home value.
Is Raleigh Hills more expensive than the national average?
Overall prices in Oregon are 3% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Raleigh Hills?
The median home value in Raleigh Hills is $913,700, about 7.1 times the typical yearly household income.
6,744 people live in Raleigh Hills. Numbers are typical (middle) values.